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How do you view innovation?

One of the terms that has become a buzzword is that of the “4IR” or the 4th Industrial revolution.      How will new technologies impact our working and personal lives? Will there be job losses?  How may we prepare students for work for which there is now no job description? How can we “peek” into the future and predict what lies ahead?

This is a time to be bold, innovative and open to quick adaption and implementation. We would also do well to learn some lessons from the past in terms of “leading” technology minds, who got the future predictions rather wrong!

Here is an extract from Robert Strohmeyer’s article on the 7 worst tech predictions.  These predictions go from the 1940’s to the early 2000’s.

 

 

Foolish Tech Prediction 1             “I think there is a world market for maybe five computers.”  Thomas Watson, president of IBM, 1943

At the dawn of the computer industry, nobody really knew where this new technology would take us. But the explosion of desktop computing that put a PC in nearly every American home within 50 years seems to have eluded the imagination of most mid-century futurists.   After all, when IBM’s Thomas Watson said “computer,” he meant “vacuum-tube-powered adding machine that’s as big as a house.” It’s fair to say that few people ever wanted one of those, regardless of the size of their desk.

 

Foolish Tech Prediction 2             “Television won’t be able to hold on to any market it captures after the first six months. People will soon get tired of staring at a plywood box every night.” Darryl Zanuck, executive at 20th Century Fox, 1946

By 1946, movie executive Darryl Zanuck had already cemented his place in entertainment history as the producer of more than 100 films for the big silver screen. So who could have blamed him for underestimating the power of the small blue screen? I’m guessing that if Zanuck were alive today, he’d find himself just as mesmerized as the rest of us by the mind-crushing distortion loop that modern TV programming has become.

 

Foolish Tech Prediction 3             “Nuclear-powered vacuum cleaners will probably be a reality within ten years.”  Alex Lewyt, president of Lewyt vacuum company, 1955

In the 1950s, the only thing more certain than the red menace was the inevitability of atomic power. So when New Jersey-based vacuum cleaner honcho Alex Lewyt heralded a tomorrow in which nuclear-powered appliances would suck up dirt in every American household, the news probably caused few eyebrows to rise. Remember, this was the era of radium-impregnated paint for glow-in-the-dark dials. Peaceful radioactivity seemed as safe as asbestos.

Of course, Lewyt’s vision has yet to come true, and it likely won’t until well after nuclear reactors are enlisted to power all of the terminator robots in our post-SkyNet future.

 

Foolish Tech Prediction 4             “There is no reason anyone would want a computer in their home.” Ken Olsen, founder of Digital Equipment Corporation, 1977

Digital Equipment Corporation was acquired by Compaq more than a decade ago, but in the 1970s the company was a major force in the world of computing. Apologists argue that DEC president Ken Olsen made this quip before the advent of the PC as we know it, but ready-made personal computers like the MITS Altair had hit the market a couple of years earlier. And within four years of Olsen’s remark, the release of the IBM PC had enshrined this prediction in the high-tech hall of shame.

 

Foolish Tech Prediction 5             “Almost all of the many predictions now being made about 1996 hinge on the Internet’s continuing exponential growth. But I predict the Internet will soon go spectacularly supernova and in 1996 catastrophically collapse.” Robert Metcalfe, founder of 3Com, 1995

In addition to being a legendary tech visionary and the man widely credited with having invented Ethernet, Bob Metcalfe was also a columnist for PC World sister publication InfoWorld. And it was in that column that Metcalfe made what must have been the most regrettable comment of his career; indeed, he even promised to eat his words if his augury turned out to be wrong.

To his credit, Metcalfe made good on that promise in 1999 during his keynote speech at the International World Wide Web Conference, where he blended up a copy of his printed column with some liquid and drank it down before a crowd of onlookers.

 

Foolish Tech Prediction 6             “Apple is already dead.” Nathan Myhrvold, former Microsoft CTO, 1997

To be fair, just about everyone in the computer business thought that Apple was in its death throes when Microsoft CTO Nathan Myhrvold made this comment back in 1997.

Who could have predicted that, a little more than a decade later, that same company would be steadily increasing its share of the PC market while utterly dominating the digital music business and rapidly overtaking the field in the smart phone market?

 

Foolish Tech Prediction 7             “Two years from now, spam will be solved.” Bill Gates, founder of Microsoft, 2004

By recent estimates, the amount of spam currently glutting up the Net is somewhere around 92 percent of all e-mail messages worldwide. (And it won’t do to claim that what he really said was “Two years from now, [Hormel] Spam will be dissolved”–because the sculptable meat product remains as semisolid as ever.)

 

The future is exciting. Let’s approach it with wonder, enthusiasm and a willingness to learn. After all, even “experts” can get it wrong!

 

Steve

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